Financial Results
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Profits of Alinma Bank soar 38% to $722mln last year
Saudi Arabia’s Alinma Bank has recorded a 37.8 percent surge in 2021 profits, propelled by higher operating income. The bank’s net profit reached SR2.7 billion ($722 million), against SR1.97 billion a year earlier, according to a bourse filing. Despite an increase of 4.2 percent in expenses, operating income went up…
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